FL > Cocoa Beach > Parsons Add To Cocoa Beach
Cocoa Beach, FL 32931,637 S Orlando AVE
Cocoa Beach, FL 32931,637 S Orlando AVE
Cocoa Beach, FL 32931,637 S Orlando AVE
Cocoa Beach, FL 32931,637 S Orlando AVE
Cocoa Beach, FL 32931,637 S Orlando AVE
Cocoa Beach, FL 32931,637 S Orlando AVE
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Shane Burgman

Shane Burgman

+1(321) 408-0200
$ 4,150,000
Est. payment | /mo

13 Baths

8,177 SqFt

Save Virtual Tour
$ 4,150,000
Est. payment | /mo
Save Virtual Tour

13 Baths

8,177 SqFt

Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Active

Purchase Type For Sale

Square Footage 8,177 sqft

Price per Sqft $507

Subdivision Parsons Add To Cocoa Beach

MLS Listing ID 1051839

HOA Y/N No

Total Fin. Sqft 8177

Year Built 1956

Annual Tax Amount $22,170

Tax Year 2023

Lot Size 0.490 Acres

Acres 0.49

Property Sub-Type Hotel/Motel

Source Space Coast MLS (Space Coast Association of REALTORS®)

Property Description

Owning a short-term rental may offer access to tax strategies such as bonus depreciation and cost segregation. Bonus depreciation, which is currently available at 100% for qualifying property placed in service in 2025, May offer significant tax advantages. Speak with your tax advisor to explore how these options might benefit your investment. The Drift is a fully renovated boutique hotel located in the heart of Cocoa Beach, just a short walk to the surf and downtown. With 13 beautifully upgraded units, including both one-bedroom and two-bedroom options, The Drift offers a blend of modern amenities and coastal charm. This turnkey property is an ideal investment, offering strong cash flow potential and a highly desirable location. Selling with turn key ability.

Location

State FL

County Brevard

Area 272 - Cocoa Beach

Direction Head South from Ron Jon Surf Shop for 3.6 miles, property will be on your left.

Interior

Heating Central, Other

Cooling Ceiling Fan(s), Central Air, Multi Units, Other

Flooring Vinyl

Inclusions Furniture, Fixtures and Equipment, Business with Real Estate, Building & Land

Exterior

Exterior Feature ExteriorFeatures

Parking Features Assigned, Parking Lot

Utilities Available Cable Available, Electricity Connected, Natural Gas Available

Roof Type Shingle

Present Use Hotel/Motel,Multi-Family

Road Frontage City Street

Garage No

Building

Lot Description Other

Sewer Public Sewer

Water Public

Others

Senior Community No

Tax ID 25-37-14-51-00026.A-0004.00

ParcelsYN No

Virtual Tour https://www.propertypanorama.com/instaview/spc/1051839

Space Coast Association of Realtors (Brevard MLS)
Listed by Margaux Realty, Inc
Shane Burgman

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(321) 408-0200

shane@theburgmangroup.com

Melbourne, Florida, 32940, USA

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637 S Orlando AVE